NCLONuveen AA-BBB CLO ETF

Get income1y track recordRanked #627 of 1,706 in this goal

Seeks total return, primarily through current income.

By Nuveen · Launched 2024

Annual Cost

0.26%

#1,247 of 6,040 · low cost

Fund Size

$155M

#2,684 of 6,040 · mid-size

Return (1Y)

+6.1%

Track Record

1 year

#3,920 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,605+6.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

CLO

Holdings

By weight

Concentration

Top 10 holdings = 22.2% of funddiversified

AIMCO CLO Series 2015-A

2.7%

OHA Credit Funding 10-R Ltd

2.4%

OCP CLO 2025-40 Ltd

2.4%

Goldentree Loan Management US Clo 17 Ltd

2.3%

Invesco US CLO 2024-3 Ltd

2.2%

MidOcean Credit CLO XVI

2.2%

Neuberger Berman Loan Advisers CLO 34 Ltd

2.0%

Serenity-Peace Park Clo Ltd

2.0%

AIMCO CLO Series 2018-A

2.0%

Ares LXXV CLO Ltd

2.0%

Asset allocation

Bonds

100.0%

Cash

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.1%Low

Year-on-year price swings

Max drawdown

-3.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

5.9 years

Avg maturity

10.0 years

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return, primarily through current income.
Strategy: Actively manages a portfolio primarily invested in debt tranches of Collateralized Loan Obligations (CLOs) rated between AA+ and BBB-. The Fund aims for total return by investing at least 80% of net assets in these CLOs, which may include various types of loans, while maintaining a non-diversified status.
Inception date: December 10, 2024
Fund family: Nuveen